Markus Bremer

Parties

DevCo Partners Ltd

Transaction

Counsel to DevCo Partners Ltd in its strategic capital raise resulting in EUR 616 million of total commitments for its long-term single asset investment vehicle for Medix Biochemica

Deal Value

EUR 616 million

Role

Counsel to DevCo Partners Ltd

Parties

Keliber Oy

Transaction

Counsel to Sibanye-Stillwater’s subsidiary Keliber Oy in respect of matters of Finnish law in the EUR 500 million green loan financing for the Keliber lithium project in Finland through its subsidiary Keliber Technology Oy. The green loan secures the final capital expenditure funding required for the construction and development of the Keliber lithium project’s mining, processing and refining facilities in Kaustinen, Kronoby and Kokkola, Finland.

Deal Value

EUR 500 million

Role

Counsel to Keliber Oy

Parties

HKFoods Plc (Issuer), Danske Bank A/S and OP Corporate Bank plc (Joint Lead Managers of the new issue)

Transaction

Hannes Snellman acted as counsel to Danske Bank A/S and OP Corporate Bank plc as joint lead managers of HKFoods Plc’s issuance of new EUR 90 million senior secured notes and as dealer managers and solicitation agents in connection with the related tender offer and consent solicitation regarding HKFoods Plc’s earlier senior unsecured notes.

Deal Value

EUR 90 million

Role

Counsel to Danske Bank A/S and OP Corporate Bank plc

Parties

YIT Oyj

Transaction

Counsel to YIT Oyj in the issue of EUR 100 million senior secured green notes due 2027 and in the consent solicitation in relation to EUR 100 million green notes due 2026.

Deal Value

EUR 100 million

Role

Counsel to YIT Oyj

Parties

Cargotec Corporation and Kalmar Corporation

Transaction

Cargotec’s partial demerger and separation of Kalmar

Deal Value

Approx. EUR 2.0 billion (illustrative carve-out sales)

Role

Counsel to Cargotec Corporation and Kalmar Corporation

Transaction 

Counsel to YIT Oyj in relation to its EUR 33.5 million directed share issue, its issue of EUR 36 million convertible notes and certain amendments to its EUR 300 million revolving credit facility agreement with Nordea, Danske Bank, LähiTapiola, OP Corporate Bank, SEB, and Swedbank and its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.

Role

Counsel to YIT Oyj

Parties

Rapala VMC Corporation (Issuer), Nordea Bank Abp and OP Corporate Bank plc (Joint Lead Managers)

Transaction

Hannes Snellman acted as counsel to Rapala VMC Corporation in connection with the issuance of its new EUR 30 million hybrid bond

Deal Value

EUR 30 million

Role

Counsel to Rapala VMC Corporation (Issuer)

Parties

Rapala VMC Corporation (Borrower), OP Corporate Bank plc, Skandinaviska Enskilda Banken AB (publ), and Nordea Bank Abp (Mandated Lead Arrangers and Bookrunners)

Transaction

Hannes Snellman acted as counsel to Rapala VMC Corporation in connection with the establishment of its EUR 106 million secured term and revolving credit facilities underwritten by OP Corporate Bank, Skandinaviska Enskilda Banken, and Nordea Bank

Deal Value

EUR 106 million

Role

Counsel to Rapala VMC Corporation (Borrower)

Parties

Alma Media Corporation, Danske Bank, Nordea Bank, and OP Corporate Bank

Transaction

Hannes Snellman acted as counsel to OP Corporate Bank plc as credit coordinator in relation to Alma Media Corporation’s EUR 190 million sustainability-linked credit facilities arranged by Danske Bank, Nordea Bank, and OP Corporate Bank

Deal value

EUR 190 million

Role

Counsel to OP Corporate Bank plc

Parties:

Danske Bank, La Banque Postale, Neoen, Prokon

Transaction:

Counsel to Danske Bank and La Banque Postale in respect of matters of Finnish law in the project financing of a Finnish onshore wind farm portfolio consisting of the three onshore wind farms Björkliden, Lumivaara, and Storbötet, co-developed by Neoen and Prokon and currently under construction. These projects will have a combined capacity of approx. 202.5 MW.

Deal value: 

Approx. EUR 220 million

Role:

Finnish Counsel to Danske Bank and La Banque Postale

Hannes Snellman acted as counsel to YIT Oyj in relation to its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.

Parties

OP Corporate Bank plc, Danske Bank A/S, SATO Corporation and Sato-Asunnot Oy

Transaction

Counsel to OP Corporate Bank plc and Danske Bank A/S in relation to SATO’s EUR 100 million sustainability linked secured term loan facility agreement.

Deal Value

EUR 100 million

Role

Counsel to OP Corporate Bank plc and Danske Bank A/S

Parties:

Konecranes Plc

Transaction:

Hannes Snellman acted as counsel to Konecranes in connection with the establishment of its new EUR 350 million sustainability-linked revolving credit facility.

Deal value:

EUR 350 million

Role:

Counsel to Konecranes Plc

Parties:

Otava Ltd, Alma Media Corporation

Transaction:

Otava Ltd's mandatory public tender offer for Alma Media Corporation

Deal value: 

EUR 523.7 million

Role:

Counsel to Otava Ltd

Parties:

Terveystalo Plc

Transaction: 

Counsel to Terveystalo Plc, a healthcare service provider listed on Nasdaq Helsinki, in the issue and listing of senior unsecured sustainability-linked notes. 

Value:

EUR 100 million

Role:

Counsel to Terveystalo Plc

Parties:

Myrsky Energia, Copenhagen Infrastructure Partners (CIP)

Transaction: 

Counsel to Myrsky Energia in the formation of a joint venture with Copenhagen Infrastructure Partners (CIP) concerning the investment and development of 1.8 GW portfolio of onshore wind power in Finland.

Value:

EUR 2.3 billion

Role:

Counsel to Myrsky Energia

Parties: 

Eltel AB

Transaction:

Eltel AB’s EUR 25 million issue and listing of sustainability - linked hybrid capital securitie

Deal value:

EUR 25 million

Role:

Counsel to Eltel AB

Parties:

Cargotec Corporation, Konecranes Plc

Transaction:

The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022

Deal value:

Approx. EUR 2.7 billion

Role:

Counsel to Konecranes Plc

Parties

The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)

Transaction 

Fortum Oyj’s arrangements related to stabilisation of its German subsidiary Uniper SE. The package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees.

Deal value 

Approx. EUR 4.5 billion

Role 

Finnish counsel to Fortum Oyj

Parties

Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)

Transaction

Counsel to the offeror consortium of Accel-KKR, Long Path Partners, and Briarwood Chase Management in the tender offer for all outstanding securities in Basware Corporation.

Deal Value

EUR 620 million

Role

Counsel to the consortium

Parties
YIT

Transaction
Issue of two EUR 100 million green bonds and EUR 100 million green capital securities by YIT Oyj

Deal Value

EUR 300 million

Role
Counsel to YIT

Parties

Viking Line Abp

Transaction

Counsel to Viking Line Abp on its EUR 51.8 million issue of new shares with pre-emptive rights for existing shareholders.

Deal Value

EUR 51.8 million

Role

Counsel to Viking Line Abp

Parties

Altia Plc, Arcus ASA

Transaction

Merger of Altia Plc and Arcus ASA to form Anora Group

Deal value

Preliminary aggregated annual revenue EUR 640 million

Role

Lead counsel to Altia Plc

Parties 

Terveystalo Plc, Terveystalo Healthcare Oy, Feelgood Svenska AB (publ)

Transaction 

Hannes Snellman advised Terveystalo on its acquisition of 72 percent of the shares and recommended mandatory takeover offer for Feelgood Svenska AB (publ)

Deal Value 

SEK 606 million / EUR 60 million

Role

Counsel Terveystalo Plc and Terveystalo Healthcare Oy

Parties 

The State of Finland, Finnair Plc

Transaction 

Counsel to the State of Finland in the hybrid loan arrangement with Finnair Plc

Deal Value 

Up to EUR 400 million

Role 

Counsel to the State of Finland (Prime Minister’s Office)

Parties

Viking Malt Oy, OP Corporate Bank plc, Danske Bank A/S, Finland Branch, Danske Bank A/S

Transaction

Hannes Snellman acted as counsel to Viking Malt in financing of EUR 90 million production plant investment in Lahti. The investment was the biggest investment in Finnish food and beverage industry and in Lahti region during the past 10 years. The financing package was partially guaranteed with an export credit agency guarantee granted by Euler Hermes Aktiengesellschaft.

Deal Value

Value not public

Role

Counsel to Viking Malt

Parties

Exilion Tuuli (Buyer), St1 (Seller)

Counsel to Skandinaviska Enskilda Banken AB (publ) Helsinki Branch in the financing of forest asset secured green loan facilities up to EUR 350,000,000 in Finland.

Parties

A fund managed by Quadoro Investment GmbH

Transaction

Acquisition of Hermia 5 and Hermia 6 office properties located in the Hermia Science Park in Tampere with a lettable area of approximately 30,000 square metres

Deal value

Value not public

Hannes role

Counsel to a fund managed by Quadoro Investment GmbH

Hannes team

Tapio Teräkivi, Heikki Vesikansa, Markus Bremer, Marjaana Martikainen, Jenni Parviainen, Piia Ahonen, Meeri Karlsson, Ella Rinne, Panu Vikberg, Linda Launonen, and Viivi Rousku.

Parties

City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II

Transaction

The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres

Deal Value

Approx. EUR 300 million

Role

Counsel to City of Espoo

Team

Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér

Counsel to Finnish Fund Industrial Cooperation Ltd (FINNFUND) in its finance arrangements in emerging markets in Africa and the Middle East.

Parties 

NREP

Transaction 

Counsel to NREP in financing the development of residential properties located in Niittykumpu and Leppävaara, Espoo, 2020

Deal Value 

Value not public

Hannes role 

Counsel to NREP

Hannes team

Markus Bremer, Laura Kotilainen, Valerie Wårvik, Pauliina Sutinen and Linda Launonen

Parties

OP Corporate Bank plc as the credit coordinator with Nordea and SEB as other creditors. Kesko as the Borrower

Transaction

EUR 300 million syndicated credit facility for Kesko Corporation, in which the interest is linked to sustainability targets

Deal Value

EUR 300 million and an additional EUR 300 million conditional loan

Role

Counsel to OP Corporate Bank plc

Counsel to Rapala VMC Corporation in a hybrid bond issue of EUR 25 million

Parties

DekaBank Deutsche Girozentrale

Transaction

DekaBank Deutsche Girozentrale’s project financing of Project Piiparinmäki, the largest wind farm in Finland

Deal Value

Value not public

Role

Counsel to DekaBank Deutsche Girozentrale

Parties

Outotec Oyj, Metso Corporation

Transaction

The combination of Outotec and Metso Minerals through a demerger

Deal Value

EUR 3.9 billion (illustrative combined sales)

Role

Counsel to Outotec Oyj

The Supreme Court decided the question of whether the bankruptcy estate is obligated to prepare an account to the mortgagee without delay after the sale of a parcel of real property registration unit, or alternatively, only after the real property registration unit is sold in its entirety under circumstances where allegedly the sold part could be of more value than the whole unit if sold unparcelled. Upholding the decisions of the lower courts, the Supreme Court came to the conclusion that the account and related payment must be made immediately after the sale of any part of the pledged property.

Parties

Peab AB (Buyer), YIT Corporation (Seller), YIT’s Nordic paving and mineral aggregates businesses (Targets)

Transaction

YIT’s sale of its Nordic paving and mineral aggregates businesses in Finland, Sweden, Norway and Denmark to Peab

Deal Value

EUR 280 million

Role

Counsel to YIT Corporation

Parties

Nordic real estate investment company NREP

Transaction

Counsel to Nordic real estate investment company NREP in financing the acquisition of the Arabia shopping centre in Helsinki and the Duo shopping centre in Tampere, 2019

Deal Value

Approx. EUR 77 million

Role

Counsel to NREP

Parties

Cramo Plc, Adapteo Plc

Transaction

Cramo’s partial demerger and listing of Adapteo on Nasdaq Stockholm

Deal Value

SEK 5.5 billion

Role

Counsel to Cramo Plc and Adapteo Plc

Parties

Nordea Bank Abp

Transaction

Counsel to Nordea Bank Abp in EUR 74,000,000 refinancing of Global Net Lease, Inc.’s portfolio of five commercial real estate properties located in Southern Finland

Deal Value

EUR 74,000,000

Role

Counsel to Nordea Bank Abp

Parties

Glaston Corporation (Buyer), Conzzeta AG (Seller), Bystronic Maschinen AG, Bystronic Lenhardt GmbH and their subsidiaries (Targets)

Transaction

Glaston Corporation’s acquisition of Bystronic Glass and refinancing of Glaston

Deal Value

EUR 68 million

Role

Counsel to Glaston Corporation

Parties

Nordic real estate investment company NREP

Transaction

NREP's financing the acquisition of a logistics property located in Southern Finland and development of residential and serviced living properties located in the Helsinki metropolitan area

Deal Value

Value not public

Role

Counsel to NREP Oy

Parties

LocalTapiola Mutual Life Insurance Company

Transaction

LocalTapiola Mutual Life Insurance Company’s issue of EUR 100 million capital notes

Deal Value

Value 100 million

Role

Counsel to LocalTapiola Mutual Life Insurance Company

Parties

Transaction

Counsel to OP Corporate Bank plc in financing the acquisition of Seurahuone property by HYY Group from Sponda

Deal Value

Value not public

Role

Counsel to OP Corporate Bank plc

Parties

Mimir Invest (Buyer), Caverion (Seller), Project piping & tank business and the related Ylivieska workshop (Targets)

Transaction

Caverion’s sale of project piping & tank business and the related Ylivieska workshop of the Industrial Solutions division.

Deal Value

Value not public

Role

Counsel to Caverion

Parties

Vaaka Partners, Framery

Transaction

Vaaka Partners' acquisition of Framery

Deal Value

Value not public

Role

Counsel Vaaka Partners

Parties

Areim Fund III (Buyer), Avant Capital Partners, Varma Mutual Pension Insurance Company, EPISO 4 fund (Sellers)

Transaction

Areim Fund's acquisition of a portfolio of eight office properties from Avant Capital Partners, Varma Mutual Pension Insurance Company and EPISO 4 fund advised by Tristan Capital Partners

Deal Value

Value not public

Role

Counsel to Areim Fund III

Parties

YIT Oyj

Transaction

Issue of EUR 100 million and EUR 150 million senior notes by YIT Oyj

Deal Value

EUR 250 million

Role

Counsel to YIT Oyj

Parties

Keskinäinen Eläkevakuutusyhtiö Ilmarinen, Sotkamo Silver Oy

Transaction

Keskinäinen Eläkevakuutusyhtiö Ilmarinen's investment in connection with the issuance of the EUR 13,200,000 senior secured fixed rate notes by Sotkamo Silver Oy

Deal Value

Value not public

Role

Counsel to Keskinäinen Eläkevakuutusyhtiö Ilmarinen

Parties

Asiakastieto Group Plc (Buyer), UC AB (Target), Six Swedish banks (Sellers)

Transaction

Asiakastieto Group Plc’s pending acquisition of UC AB, a credit information company

Deal Value

Appr. EUR 340 million

Role

Counsel to Asiakastieto Group Plc

Parties

The State of Finland (seller), Altia Plc (target)

Transaction

Altia Plc’s IPO and listing on the official list of Nasdaq Helsinki

Deal Value

Over EUR 270 million

Role

Counsel to Altia Plc

Parties

Vaaka Partners, Framery Oy

Transaction

Counsel to Vaaka Partners in the financing for the acquisition of Framery Oy

Deal Value

Value not public

Role

Counsel to Vaaka Partners

Parties

Nordea Bank AB (publ), CapMan Buyout X Fund, KotiSun Group Oy

Transaction

Nordea Bank AB (publ), Finnish Branch’s financing for the acquisition of KotiSun Group

Deal Value

Value not public

Role

Counsel to Nordea Bank AB (publ), Finnish Branch

Parties

OP Yrityspankki Oyj

Transaction

OP Yrityspankki Oyj's financing of total EUR 100,000,000 forest asset secured loan facilities in Finland.

Deal Value

EUR 100 million

Role

Counsel to OP Yrityspankki Oyj

Parties

Goldman Sachs International (Buyer), Sponda Oyj (Target)

Transaction

Hannes Snellman acted as counsel to Goldman Sachs International, as mezzanine arranger, of mezzanine credit facilities provided to Blackstone in connection with its public to private acquisition of Sponda Oyj

Deal Value

EUR 3.9 billion

Role

Counsel to Goldman Sachs International

Parties

Nordea Bank AB (publ), Basware Oyj

Transaction

Nordea Bank AB's (publ) refinancing of Basware Oyj

Deal Value

Value not public

Role

Counsel to Nordea Bank AB (publ)

Parties

Rapala VMC Corporation

Transaction

Rapala VMC Corporation's hybrid bond issue.

Deal Value

EUR 25 million

Role

Rapala VMC Corporation

Parties

Suomen Terveystalo Oy

Transaction

Terveystalo’s IPO and listing on the Nasdaq Helsinki stock exchange

Deal Value

The offering by the company and its shareholders was over EUR 870 million and the Company’s market value was over EUR 1.2 billion

Role

Counsel to Terveystalo

Parties

Wise Group (Buyer), Management and minority shareholders (Sellers), Sito Oy (Target)

Transaction

Combination of Wise Group and Sito Oy

Deal Value

Value not public

Role

Counsel to Wise Group

Parties

Lemminkäinen Corporation and YIT Corporation

Transaction

The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger

Deal Value

EUR 771 million

Role

Counsel to Lemminkäinen

Parties

Intera Fund III Ky (Buyer), Management and minority shareholders (Sellers), Wise Group Finland Oy (Target)s

Transaction

Intera’s acquisition of majority ownership in Wise Group Finland Oy from the management and minority shareholders

Deal Value

Value not public

Role

Counsel to Intera

Parties

Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)

Transaction

Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group

Deal Value

Value not public

Role

Counsel to Hartwall Capital Oy Ab

Parties

DevCo Partners Oy’s group of investors (Buyers); Vexve Oy (Target); Partnos Oy (Seller)

Transaction

DevCo Partners Oy’s acquisition of Vexve Oy from Partnos Oy

Deal Value

Value not public

Role

Counsel to DevCo Partners Oy

Parties

Nordea, Technopolis

Transaction

Nordea on the financing of Technopolis’ expansion into Sweden

Deal Value

Value not public

Role

Counsel to Nordea

Parties

Powerflute Oyj (Target), Madison Dearborn Partners, LLC (Bidder)

Transaction

Recommended cash offer for Powerflute Oyj by Nordic Packaging and Container (Finland) Holdings Oy an affiliate of Madison Dearborn Partners, LLC

Deal Value

GBP 268 million

Role

Counsel to Powerflute Oyj

Parties

Equinix (Buyer), TelecityGroup (Target)

Transaction

Data centre operator Equinix’s GBP 2.3 billion offer for London-based rival TelecityGroup

Deal Value

GBP 2.3 billion

Role

Finnish counsel to Equinix

Parties

Powerflute Oyj

Transaction

Powerflute Oyj's facilities agreement in July 2016

Deal Value

EUR 120 million

Role

Counsel to Powerflute Oyj

Parties

SoftBank Group Corporation (Seller), Tencent Holdings Limited (Buyer), Supercell (Target)

Transaction

SoftBank Group Corporation's and its affiliates' sale of all of their 72.2% stake in Supercell to an affiliate of Tencent Holdings Limited

Deal Value

Approx. USD 10.2 billion

Role

Counsel to SoftBank and its affiliates

Parties

The Carlsberg Group (Seller), Viking Malt Oy (Buyer), Danish Malting Group A/S (Target)

Transaction

The Carlsberg Group sold the Danish Malting Group comprising three breweries located in Denmark and Poland to Viking Malt Oy

Deal Value

Value no public

Role

Counsel to Viking Malt Oy

Parties

Cor Group Oy, Industry Investment, Norvestia Plc and acting management (Sellers), EQT MidMarket Limited Partnership (Buyer), Touhula Varhaiskasvatus Oy (Target)

Transaction

Cor Group Oy, Industry Investment, Norvestia Plc and acting management sold the leading Finnish private day care provider Touhula Varhaiskasvatus Oy to EQT MidMarket Limited Partnership.

Deal Value

Value not public

Role

Counsel to EQT

Parties

Alder Fund I AB (Buyer); Gasmet Technologies Oy (Seller); the business of Gasmet Technologies Oy (Target)

Transaction

Alder’s acquisition of the business of Gasmet Technologies Oy from Gasmet Technologies Oy

Deal Value

Value not public

Role

Counsel to Alder Fund I AB

Parties

Fingrid Oyj

Transaction

Fingrid Oyj's debt issuance programme

Deal Value

EUR 1,5 billion

Role

Counsel to the dealers and the trustee

Parties

Sappi Limited

Transaction

Sappi Limited's bond issue

Deal Value

EUR 450 million

Role

Local counsel to issuer